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Tuesday, June 12, 2007

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Arthur Eckart

Taxes on income and wealth may partially explain the differences. The data represent a very small percentage of the population (e.g. top 5% in Britain and top 0.01% in the U.S.). Of course, the percentage of women in the workforce increased. Also, median home prices increased. However, there seems to be more billionaire males than billionaire females, perhaps more in the U.S. than Britain, although there may soon be more millionaire females than millionaire males in both countries.

Ian D-B

When men get old and die, they leave their money to their wives. as Britain ages, there will be a big transfer of wealth to women, which explains the general rise in the proportion of female millionaires.

Just a guess. cool little result though, for both sides of the atlantic.

spencer

As a general rule women represent inherited wealth.

But in the US over the last few decades there has been a huge increase in first generation empire builders that became billionaires. Maybe the classic example of this is Sam Walton.
Sam made the fortune, but left it to his wife and other family members.

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